BREAKING: The US' goods trade deficit widened by -$27.6 billion, or -95%, in November, to -$56.8 billion, the highest since July.



This marks the largest monthly increase since 1992.

This comes as the value of all US goods and services exports fell -$10.9 billion, to $292.1 billion, the lowest since September.

At the same time, imports jumped +$16.8 billion, to $332.1 billion, the highest since July.

This was driven particularly by a surge of inbound shipments of pharmaceuticals and a decline in gold exports.

However, since March 2025, the goods trade deficit has improved by +$79.6 billion, or +58%.

Adjusted for inflation, the merchandise trade deficit widened to -$87.1 billion in November, the largest in 4 months.

US trade remains extremely volatility.
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